Semler Scientific To Raise $150M To Buy More Bitcoin
Medical device maker Semler Scientific acquired 247 more Bitcoin and plans to raise $150 million to further expand its Bitcoin treasury holdings, following MicroStrategy's lead.
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Medical device maker Semler Scientific acquired 247 more Bitcoin and plans to raise $150 million to further expand its Bitcoin treasury holdings, following MicroStrategy's lead.
Another publicly traded company adopts BTC as its primary treasury reserve asset.
Semler Scientific has announced a significant loss on paper due to the fluctuating value of Bitcoin. The company is now considering selling securities to mitigate this loss. This financial move comes as Semler Scientific grapples with the impact of the volatile cryptocurrency market on its balance sheet. Semler Scientific’s decision to report a paper loss [...]
The post Semler Scientific reveals $42 million loss on Bitcoin investment, announces $500 million stock offering appeared first on Crypto Breaking News.
Artificil intllignc firm Genius Group hs officilly ntrd th Bitcoin treasury ply with bold $10 million purchs. Th compny, which cquird 110 BTC t n vrg pric of $90,932 pr coin, nnouncd th mov on Nov. 18. This purchs mrks th bginning of n ongoing strtgy to convrt th mjority of its treasury rsrvs […]
Semler Scientifics latest Bitcoin purchase brings its holdings to 1,273 BTC, worth $114 million at current market prices.
The company now owns more than $192 million worth of BTC and touts a Bitcoin yield of more than 99%, it said.
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